Retail: Aldi and Lidl want to expand on the Gold Coast
According to press reports, the German discount chains Aldi and Lidl are planning to expand in Lake Zurich. The municipalities there, along with the city of Zurich, are the most important development areas for the retailers in Switzerland.
Bilanz" quotes Aldi Suisse CEO Timo Schuster as saying that a branch is conceivable in practically every location along Lake Zurich. One obstacle to the expansion plans, however, is likely to be that suitable and inexpensive locations are in short supply, especially around Lake Zurich.
Across Switzerland, Aldi plans to open five to ten stores a year over the next few years. In the long term, Aldi plans to ensure that 90 percent of the population can reach a store within ten minutes. There are currently 180 Aldi stores and 102 stores of competitor Lidl in Switzerland. Based on 2014 sales figures, they are jointly in fifth place, behind Migros and Coop, as well as Migros subsidiary Denner and Manor. (ah)
(Visited 90 times, 1 visits today)
